MOSCOW - With oil prices down more than 50 percent in the past year and still falling, the ruble having lost more than half its value, a recession looming and the country already dipping into its rainy-day funds, the Russian economy is in a race against time. But one would be hard pressed to grasp the depth of the troubles from the Kremlin’s prescriptions.
New York Times: Russia details plans to bolster its economy, but experts scoff
People prepare a sled in the form of the Russian ruble during the Winter Sledge festival in St. Petersburg, on Feb. 1, 2015.
